Iran Chamber Newsroom

Iran-Turkey trade hits $2.2 billion in three months

The volume of trade between Iran and Turkey exceeded $2.2 billion in the first quarter of the Iranian calendar year (March 21 – June 21, 2025), according to a report by Iran’s Trade Promotion Organization (TPO).

Trade

Iran’s agriculture sector grows 3.2% in FY2024/25 – minister

Iran’s agriculture sector grew 3.2% in the Iranian calendar year ending March 2025, driven by a 32% rise in agricultural exports and a $3 billion improvement in the sector’s trade balance, Agriculture Minister Gholamreza Nouri Qezeljeh said.

Agriculture and Environment

Iran’s iron and steel export revenues fall 4.7% in Q1 despite higher shipment volumes

Iran’s earnings from iron and steel exports fell 4.7% year-on-year in the first quarter of its calendar year, despite a rise in export volumes, data from the Iranian Steel Producers Association (ISPA) showed on Sunday.

Mine and Industry

Iran’s trade with neighbors hits $13.4 billion in spring, down 16%

Iran’s trade with its 15 neighboring countries totaled $13.42 billion in the spring quarter of its current fiscal year, down 16% in value compared to the same period a year earlier, the Islamic Republic of Iran Customs Administration (IRICA) said on Monday.

Trade

Iran’s industry minister says SME support to continue

Iran’s Minister of Industry, Mine and Trade has reiterated the government’s commitment to supporting small and medium-sized enterprises (SMEs), stating that all industrial loan facilities this year are exclusively designated for them.

Iran Chamber

Iran’s PMI returns to contraction zone

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has released the country’s new PMI data for the fiscal month of Khordad (May 22 – June 21, 2025) showing a return to contraction after marginal growth in the previous month.

Macro Economy

Iran orders nationwide crop reform to tackle water, climate crises

President Masoud Pezeshkian has ordered the ministers of agriculture and interior to begin an urgent overhaul and implementation of a nationwide crop pattern reform plan, aimed at addressing the country’s growing climate and water resource challenges.

Agriculture and Environment

New economy minister pledges to boost private sector and public participation

The Newly appointed economy minister said his top priority is to strengthen the country’s real private sector and expand public participation in the economy.

Iran Economy

Iran to establish joint committees of commerce with Kenya and Tanzania

The Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) plans to form joint committees of commerce with Kenya and Tanzania.

Joint Chambers

Iran mining body head calls for “bold decisions” to achieve sectoral growth target

The head of Iran’s House of Mining says that a 13% growth target for the country’s mining sector under the seventh development plan is not achievable due to insufficient investment, financing hurdles, weak government support policies, and infrastructure challenges.

Mine and Industry